Are feds telling GM: Keep the change?

Trumpeted as great news, the government spent only $10.5 billion to heal GM — about 100 times less than Obama-care will cost — and keep the overpaid union workers in cushy jobs allowing them to continue donating large sums of cash to Democrats.

Trumpeted as great news, the government spent only $10.5 billion to heal GM — about 100 times less than Obama-care will cost — and keep the overpaid union workers in cushy jobs allowing them to continue donating large sums of cash to Democrats.

However, now that GM has $26.8 billion in cash, we should demand they pay the $10.5 billion back to use for government debt reduction. GM would still have $16.3 billion. Isn’t that enough? The $10.5 billion now would be more than Democrats will offer to cut over Sen. Harry Reid’s lifetime.

It seems ironic that when oil companies use the “law of the land” passed by Congress and signed by the president, they are castigated as evil for taking advantage of taxpayer subsidies and tax loopholes. But when the president simply gives $10.5 billion to a car company, Democrats herald it as saving the country; but it did not even save Detroit!

Could it be GM’s unions buy more elected Democratic officials than the evil oil companies do?